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Stocks and Bonds
Rise on Inflation,
Retail Sales Data

Weaker-than-forecast statistics on retail sales and another tame inflation report pushed stock and bond prices higher on Tuesday. The dollar recorded a moderate advance.

The data reinforced the view that has taken hold on Wall Street since late last week: pricing pressures in the economy are milder than many had come to fear, suggesting that the Federal Reserve Board won't be forced to nudge interest rates higher anytime soon.